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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 407,620 $ 436,952
Interest-bearing deposits in other financial institutions 190,881 156,693
Federal funds sold and securities purchased under agreements to resell 31,160 27,810
AFS investment securities, at fair value 3,504,777 2,742,025
HTM investment securities, net, at amortized cost 3,938,877 3,960,398
Equity Securities, FV-NI and without Readily Determinable Fair Value 30,883 25,216
Federal Home Loan Bank and Federal Reserve Bank stocks, at cost 271,637 295,496
Residential loans held for sale 38,083 20,383
Commercial loans held for sale 15,000 0
Loans 29,848,904 28,799,569
Allowance for loan losses (338,750) (312,720)
Tax credit and other investments 263,583 276,773
Premises and equipment, net 374,866 376,906
Bank and corporate owned life insurance   676,530
Goodwill 1,104,992 1,104,992
Other intangible assets, net 44,877 49,282
Mortgage servicing rights, net 80,449 77,351
Interest receivable 159,185 144,449
Other assets 573,870 547,621
Total assets 41,219,473 39,405,727
Liabilities and stockholders' equity    
Noninterest-bearing demand deposits 6,565,666 7,760,811
Interest-bearing deposits 25,448,743 21,875,343
Total deposits 32,014,409 29,636,154
Federal funds purchased and securities sold under agreements to repurchase 325,927 585,139
Commercial paper 15,327 20,798
FHLB advances 3,630,747 4,319,861
Allowance for unfunded commitments 38,276 38,776
Accrued expenses and other liabilities 537,640 541,438
Total liabilities 37,096,599 35,390,237
Stockholders’ equity    
Preferred equity 194,112 194,112
Common stock 1,752 1,752
Surplus 1,708,303 1,712,733
Retained earnings 3,025,637 2,904,882
Accumulated other comprehensive (loss) (291,642) (272,799)
Treasury stock, at cost (515,287) (525,190)
Total common equity 3,928,762 3,821,378
Total stockholders’ equity 4,122,874 4,015,490
Total liabilities and stockholders’ equity $ 41,219,473 $ 39,405,727
Preferred shares authorized (par value $1.00 per share) 750,000 750,000
Preferred shares issued and outstanding 200,000 200,000
Common shares authorized (par value $0.01 per share) 250,000,000 250,000,000
Common shares issued 175,216,409 175,216,409
Common shares outstanding 150,918,628 150,444,019
Preferred shares, par value $ 1.00 $ 1.00
Common shares, par value $ 0.01 $ 0.01
Fair Value, Inputs, Level 2    
Assets    
AFS investment securities, at fair value $ 3,394,824 $ 2,632,647
Equity Securities, FV-NI and without Readily Determinable Fair Value 5,000 0
Bank and corporate owned life insurance 678,578 676,530
Liabilities and stockholders' equity    
FHLB advances 3,630,747 4,319,861
Other long-term funding 534,273 248,071
Fair Value, Inputs, Level 3    
Assets    
Equity Securities, FV-NI and without Readily Determinable Fair Value 19,231 19,225
Loans, net 29,510,153 28,486,849
Mortgage servicing rights, net $ 80,449 $ 77,351